Community Fight Back Continues As Fracking Companies Squander Investors Cash

Representatives from anti-fracking groups across Lancashire gathered at a solidarity photo shoot on the Fylde Coast on Saturday, only a short distance from the Preston New Road site where Cuadrilla Resources is hoping to begin its Lancashire fracking tests.

As the first part of an increased campaign of fracking awareness, Frack Free Lancashire are organising a mass National United Against Fracking Rally, on the 12th November starting at 11.00am in Piccadilly Gardens, Manchester. Thousands from across the UK are expected to attend.

Fracking Companies Burn Through Investment!!!

In contrast fracking company Cuadrilla, has announced further losses of $17.671m for the 12 months ending 31 December 2015, up from $11.568m on the previous year. IGas are also in trouble. In the half-yearly accounts published earlier this month the company raised questions about its ability to operate as a going concern. Bondholders have disagreed in votes as to the best way forward for the company, read more…